JHNBX vs. AGG
Compare and contrast key facts about John Hancock Bond Fund (JHNBX) and iShares Core U.S. Aggregate Bond ETF (AGG).
JHNBX is managed by John Hancock. It was launched on Nov 9, 1973. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHNBX or AGG.
Key characteristics
| JHNBX | AGG | |
|---|---|---|
| YTD Return | 2.92% | 2.65% |
| 1Y Return | 10.26% | 9.31% |
| 3Y Return (Ann) | -2.66% | -2.21% |
| 5Y Return (Ann) | -0.03% | 0.10% |
| 10Y Return (Ann) | 1.66% | 1.55% |
| Sharpe Ratio | 1.56 | 1.40 |
| Sortino Ratio | 2.31 | 2.06 |
| Omega Ratio | 1.28 | 1.25 |
| Calmar Ratio | 0.56 | 0.54 |
| Martin Ratio | 5.95 | 5.12 |
| Ulcer Index | 1.58% | 1.64% |
| Daily Std Dev | 6.03% | 5.98% |
| Max Drawdown | -20.10% | -18.43% |
| Current Drawdown | -8.34% | -7.73% |
Correlation
The correlation between JHNBX and AGG is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JHNBX vs. AGG - Performance Comparison
In the year-to-date period, JHNBX achieves a 2.92% return, which is significantly higher than AGG's 2.65% return. Over the past 10 years, JHNBX has outperformed AGG with an annualized return of 1.66%, while AGG has yielded a comparatively lower 1.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JHNBX vs. AGG - Expense Ratio Comparison
JHNBX has a 0.76% expense ratio, which is higher than AGG's 0.05% expense ratio.
Risk-Adjusted Performance
JHNBX vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Bond Fund (JHNBX) and iShares Core U.S. Aggregate Bond ETF (AGG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
JHNBX vs. AGG - Dividend Comparison
JHNBX's dividend yield for the trailing twelve months is around 3.96%, which matches AGG's 3.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHNBX John Hancock Bond Fund | 3.96% | 3.79% | 3.58% | 2.95% | 3.10% | 3.14% | 3.52% | 3.23% | 3.20% | 3.51% | 4.46% | 4.27% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.93% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
JHNBX vs. AGG - Drawdown Comparison
The maximum JHNBX drawdown since its inception was -20.10%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for JHNBX and AGG. For additional features, visit the drawdowns tool.
Volatility
JHNBX vs. AGG - Volatility Comparison
John Hancock Bond Fund (JHNBX) and iShares Core U.S. Aggregate Bond ETF (AGG) have volatilities of 1.72% and 1.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.